<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 3): Sunway Construction Group Bhd (KL:<a href="/askedge/klse/5263" class="ce-stock" target="_blank">SUNCON</a>) has secured an engineering contract worth RM1.02 billion for a data centre project in Johor.</p></div>

<div class=newsTextDataWrapInner><p>Works involve mechanical, electrical and plumbing fit-out with the letter of award also serving as the notice-to-proceed, according to an exchange filing. The job is expected to be completed by the fourth quarter of 2027, Sunway Construction said.</p></div>

<div class=newsTextDataWrapInner><p>The client was only identified as a US-headquartered multinational technology company and the exact location of the data centre was not disclosed.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The latest award raises Sunway Construction’s new order wins for the financial year ending March 31, 2027 (FY2027) to RM5.8 billion while outstanding jobs on hand stand at RM10.4 billion.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Sunway Construction closed 17 sen or 2.15% lower at RM7.75&nbsp;at on Monday after the contract announcement. The stock is still up 36.93% this year, giving the company a market capitalisation of RM10.32&nbsp;billion.</p></div>


Sunway Construction Group Bhd (KL:SUNCON) has secured an engineering contract worth RM1.02 billion for a data centre project in Johor.

Sunway Construction bags data centre engineering contract worth over RM1 bil

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Emerging Asian equities hit two-month lows on Tuesday, dragged by a sharp sell-off in South Korean chipmakers amid worries about rising Chinese competition, the durability of the artificial intelligence (AI)-driven semiconductor rally and the impact of high borrowing costs.

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GDANSK (Oct 13): Franco-Italian automaker Stellantis said on Tuesday that its global third-quarter shipments fell 1% from a year ago to an estimated 1.3 million vehicles, hit by a summer production shutdown in North America.

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<p>A global slide in semiconductor stocks deepened, sending South Korea’s chip-heavy equity benchmark down 7% as concerns about AI overheating and Chinese competition intensified.</p>


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<p>Putra Heights is about 45km, or a 40-minute drive, from the Sepang International Circuit (SIC). On the day of the Formula One (F1) Bahrain Grand Prix, which ended around 6.20pm last Sunday, my son and daughter got home seven hours later, at 1.30am.</p>

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<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Oct 13, 2026 

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